Cantor Fitzgerald Raises Tenable (NASDAQ:TENB) Price Target to $45.00

Tenable (NASDAQ:TENB) had its target price hoisted by stock analysts at Cantor Fitzgerald from $30.00 to $45.00 in a note issued to investors on Friday, Marketbeat.com reports. The brokerage currently has an “overweight” rating on the stock. Cantor Fitzgerald’s target price indicates a potential upside of 39.53% from the stock’s current price.

Several other research firms also recently weighed in on TENB. UBS Group downgraded Tenable from a “buy” rating to a “neutral” rating and set a $37.00 price objective on the stock. in a report on Friday. Jefferies Financial Group boosted their target price on Tenable from $22.00 to $27.00 and gave the company a “hold” rating in a research note on Friday, May 22nd. Stifel Nicolaus lifted their price objective on Tenable from $22.00 to $26.00 and gave the company a “hold” rating in a research note on Friday, May 22nd. Wedbush restated an “outperform” rating and set a $29.00 price target on shares of Tenable in a research report on Tuesday, May 26th. Finally, Morgan Stanley set a $27.00 price objective on Tenable in a report on Thursday, April 30th. Nine analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Tenable has a consensus rating of “Hold” and a consensus target price of $33.42.

Tenable Stock Performance

Shares of TENB stock opened at $32.25 on Friday. The stock has a market cap of $3.56 billion, a PE ratio of -322.50 and a beta of 0.93. The stock has a 50-day moving average of $31.38 and a 200-day moving average of $24.31. Tenable has a one year low of $15.73 and a one year high of $43.67. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.85 and a quick ratio of 0.85.

Tenable (NASDAQ:TENB) last released its earnings results on Wednesday, April 29th. The company reported $0.47 EPS for the quarter, beating the consensus estimate of $0.41 by $0.06. The firm had revenue of $262.06 million for the quarter, compared to analysts’ expectations of $258.83 million. Tenable had a positive return on equity of 7.85% and a negative net margin of 1.15%.The business’s quarterly revenue was up 9.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.36 EPS. Tenable has set its FY 2026 guidance at 1.900-1.980 EPS and its Q2 2026 guidance at 0.460-0.48 EPS. As a group, sell-side analysts expect that Tenable will post 0.49 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of TENB. SG Americas Securities LLC purchased a new position in Tenable in the fourth quarter worth $2,180,000. UBS Group AG raised its holdings in shares of Tenable by 327.6% during the fourth quarter. UBS Group AG now owns 3,092,577 shares of the company’s stock valued at $72,768,000 after acquiring an additional 2,369,402 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Tenable by 3.1% in the 4th quarter. Vanguard Group Inc. now owns 15,427,510 shares of the company’s stock valued at $363,009,000 after purchasing an additional 465,039 shares in the last quarter. NewEdge Wealth LLC acquired a new stake in Tenable during the 4th quarter worth $754,000. Finally, Hsbc Holdings PLC boosted its stake in Tenable by 19.0% during the 4th quarter. Hsbc Holdings PLC now owns 173,914 shares of the company’s stock worth $4,109,000 after purchasing an additional 27,825 shares during the last quarter. Hedge funds and other institutional investors own 89.06% of the company’s stock.

Tenable Company Profile

Tenable Holdings, Inc is a global cybersecurity company specializing in vulnerability management and continuous threat exposure assessment. Headquartered in Columbia, Maryland, Tenable was founded in 2002 by Ron Gula and Jack Huffard to address the growing need for proactive network security solutions. Over the years, the company has evolved from a pioneer in open-source vulnerability scanning to a leading provider of comprehensive security platforms that help organizations identify, investigate and prioritize cyber risks across on-premises, cloud and operational technology environments.

At the core of Tenable’s product suite is Nessus, one of the industry’s most widely adopted vulnerability scanners.